Committee on Economic Development; then to the Committee on
Finance; and then to the Committee on the Judiciary.]

__________

A BILL to amend and reenact article 9, chapter 64 of the Code of
West Virginia, 1931, as amended, relating to authorizing the
Economic Development Authority to promulgate a legislative
rule relating to the high-growth business investment tax
credit.

Be it enacted by the Legislature of West Virginia:

That article 9, chapter 64 of the Code of West Virginia, 1931,
as amended, be amended and reenacted to read as follows:

ARTICLE 9. AUTHORIZATION FOR MISCELLANEOUS AGENCIES AND BOARDS TO
PROMULGATE

LEGISLATIVE RULES.§64-9-1. Economic Development Authority.
The legislative rule filed in the state register on the
twenty-fourth day of August, two thousand four, under the authority
of section nine, article thirteen-u, chapter eleven, of this code, modified by the Economic Development Authority to meet the
objections of the legislative rule-making review committee and
refiled in the state register on the first day of February, two
thousand five, relating to the Economic Development Authority
(high-growth business investment tax credit, 117 CSR 5), is
authorized.

NOTE: The purpose of this bill is to authorize the Economic
Development Authority to promulgate a legislative rule relating to
the High-Growth Business Investment Tax Credit.

This section is new; therefore, strike-throughs and
underscoring have been omitted.